SEGRO (OTCMKTS:SEGXF) Share Price Crosses Below 50-Day Moving Average – What’s Next?

SEGRO Plc (OTCMKTS:SEGXFGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.15 and traded as low as $8.90. SEGRO shares last traded at $9.16, with a volume of 1,772 shares.

Analysts Set New Price Targets

Separately, Barclays downgraded SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th.

View Our Latest Report on SEGRO

SEGRO Price Performance

The business’s 50 day moving average is $9.15 and its two-hundred day moving average is $10.70.

About SEGRO

(Get Free Report)

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.

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